Investment Year: March 2019
Industry Vertical: Third-Party Logistics
Headquarters: Scranton, PA
Kane Logistics (“Kane”) was founded in 1930 and provides third party logistics services, including warehousing and transportation management. Kane is a family owned company originating in Scranton, PA. The Company serves large to mid-market companies who see their 3PL providers as strategic partners, as well as larger companies who desire Kane’s brand of high-quality, high-touch service. Kane operates 25 distribution centers (6 million sq. ft) and associated transportation and contract logistics services.
Harkness Investment in Kane:
The HCP team has over 25 years of experience in 3PL as both investors and operators. HCP partnered with the Kane family and management to support the further growth of Kane services across new geographies and customer segments. The Kane platform represents a solid basis for growth. Service and customer relationships are a key ingredient for expanding the business and creating a strong midsize third party logistics provider.